- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
- Bitcoin Sinks 5.3% as Ark, BlackRock IBIT Lead ETF Outflow
MarketNews
The Central Bank of Nigeria (CBN) hiked rates on Nigerian Treasury bills on Wednesday, with one-year paper attracting most of the allotment.
Jaiz Bank Plc has achieved new capital based required by the Central Bank with successful completion of a N10.04 billion private placement.
The average yield on Federal Government of Nigeria (FGN) bonds increased slightly following soft but bearish trading activities in the secondary market.
Interbank rates diverge on signs of improved liquidity in the financial system on Tuesday. Due to inflows from signature
Equities investors gained about N77 billion in the Nigerian stock market on Tuesday due to sustained bargain hunting in Stanbic IBTC, Aradel Holdings.
Nigerian Treasury Bills Yield Shrinks to 25.7% vs Inflation As demand for naira assets increased,…
Foreign portfolio investors (FPIs) trimmed interest in Nigeria’s Eurobonds as headline inflation surged to 34.60%